The City of Chicago has selected Team Pioneros, a one hundred percent Latino project team, led by Chicago-based practice JGMA, Park Row Development with All Construction Group, to redevelop the historic Pioneer Bank Building in Humboldt Park. The $53.9 million project will restore the vacant.
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Hoping to muster developer interest in more neighborhood commercial stretches, city planners are soliciting proposals for two parts of Humboldt Park and property straddling South Shore and South Chicago.
The Department of Planning and Development issued the “request for proposals” as part of Mayor Lori Lightfoot’s Invest South/West initiative. Responses are due Aug. 31 and officials want to pick winning proposals later this year after getting community feedback.
The effort follows two other rounds of RFPs the city has issued for sites in seven communities. It has chosen the winning development plans in three of them Auburn Gresham, Austin and Englewood. Together, those areas have drawn projects worth about $65 million.